Tongwei Co., Ltd.
Industry Group: Semiconductors
Country/Region: China
Identifier: SHG:600438
Tongwei is the largest polysilicon producer in the world. It produced 266.9 thousand metric tons of polysilicon in 2022, accounting for 32% of total production in China. Polysilicon contributed 43% of revenue and 85% of gross profit in 2022. Tongwei is also the largest solar cell producer in the world.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Semiconductors 253 out of 357
Universe
Global Universe 12340 out of 16080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
First Solar, Inc. |
17.2
Low
|
38 out of 357 |
Will Semiconductor Co., Ltd. Shanghai |
19
Low
|
65 out of 357 |
ASE Technology Holding Co., Ltd. |
19.8
Low
|
76 out of 357 |
Skyworks Solutions, Inc. |
25.2
Medium
|
165 out of 357 |
Tongwei Co., Ltd. |
32
High
|
253 out of 357 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Tongwei Co., Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Tongwei Co., Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Tongwei Co., Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Tongwei Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level